STMicroelectronics
STM
Real-time Euronext Paris - 01/17 01:51:17 pm
19.735EUR
+0.2%

No turn-around in sight

Envoyer par e-mail
Anas Lozach
Analyst

Strategy published on : 01/11/2018 | 09:28

long trade
Live

Entry price : 20.17€
Target : 22.5€
Stop-loss : 18.9€
Potential : 11.55%

Shares in STMicroelectronics show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● The company has solid fundamentals for a short-term investment strategy.


Strengths

● The group's high margin levels account for strong profits.

● The company is in a robust financial situation considering its net cash and margin position.

● Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.

● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.

● The tendency within the weekly time frame is positive above the technical support level at 16.37 EUR


Weaknesses

● The firm trades with high earnings multiples: 27.59 times its 2017 earnings per share.

● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.

Zonebourse.com 2018
Envoyer par e-mail